Feng Tay Enterprises Co., Ltd. Reports Earnings Results for the Third Quarter Ended September 30, 2020
November 12, 2020 at 01:17 pm EST
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Feng Tay Enterprises Co., Ltd. announced earnings results for the third quarter ended September 30, 2020. For the third quarter, the company announced sales was TWD 17,299.300 million compared to TWD 19,968.103 million a year ago. Operating income was TWD 2,063.967 million compared to TWD 2,522.486 million a year ago. Net income was TWD 1,452.703 million compared to TWD 1,817.229 million a year ago. Basic earnings per share was TWD 1.65 compared to TWD 2.06 a year ago. For the nine months, sales was TWD 51,340.147 million compared to TWD 54,936.708 million a year ago. Operating income was TWD 5,125.993 million compared to TWD 6,542.186 million a year ago. Net income was TWD 3,668.530 million compared to TWD 4,932.164 million a year ago. Basic earnings per share was TWD 4.16 compared to TWD 5.59 a year ago.
Feng Tay Enterprises Co Ltd is a Taiwan-based company principally engaged in the manufacture of sports shoes. The Company is also engaged in the research and development and manufacture of casual shoes, skating shoes, snow boots, snowboarding boots, bicycle shoes, helmets and equipment for golf balls and footballs, baseball shoes, shoe parts and components and shoe molds, as well as the wholesales of daily goods. The Company operates through two segments. The Shoes Manufacturing and Trading segment is mainly engaged in the manufacture and sale of sports shoes. Others segment is mainly engaged in investment holding and goods retailing. The Company operates businesses in Americas, Europe and Asia, among others.
FENG TAY ENTERPRISES CO., LTD. 
